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First tobacco regulation law approved in Cambodia

| December 8, 2014

Cambodia’s Council of Ministers on Friday approved a draft of the country’s first law on tobacco regulation, which includes 49 articles addressing, among other things, taxes, advertising and health warnings.

A statement released by the council said that $100 million was spent on cigarettes annually in Cambodia and that far more than that was spent on treating smoking-related illnesses.

No other details of the law have been released so far.

Friday’s council session was chaired by Prime Minister Hun Sen, who said in September that he had given up smoking after 10 failed attempts over the past 14 years.

The prime minister was said to have admitted to a crowd of university students that he had once decided against signing a sub-decree that would have prevented smoking in public places because he liked to smoke at council meetings. “If I have to leave the meeting room to smoke a cigarette, would there be someone there to listen to me?” the prime minister was reported to have said.

Price rises likely to greet smokers early next year

| December 8, 2014

Moroccan smokers might have to pay more than they do now for their favorite cigarettes from January 1, according to a Morocco World News story quoting the December 5 issue of the business weekly, La Vie Eco.

La Vie Eco reported that a request had been submitted to the Prices and Competition Commission of the Ministry of General Affairs by the local subsidiary of Imperial Tobacco [Altadis Maroc] to increase the price of a pack of Marquise, the most popular brand in Morocco, by 50 cents.

At the same time, Philip Morris International had submitted a request to increase the price of a pack of Marlboro, the second most popular brand in Morocco, by 1 dirham.

The proposed increases were said to have been prompted by a new tax that had been imposed on manufactured tobacco.

The business weekly went on to say that PMI and British American Tobacco were planning to reintroduce a number of brands to the Moroccan market, including Philip Morris, at 20 dirham per pack, and, in the case of BAT, Lucky Strike, at 22 dirham.

Pizzanelli wins hologram award

| December 5, 2014
pizzanelli

David Pizzanelli

David Pizzanelli has won the Brian Monaghan Award for Business Innovation at this year’s Excellence in Holography Awards.

The award recognizes his role in the International Hologram Manufacturers Association (IHMA) and in the development of the hologram image register (HIR).

“David has been a driving force behind the Hologram Image Register since its inception in the early 1990s,” said IHMA Chairman Mike Messmer. “He has been heavily involved with the IHMA, providing guidance on the redesign of the HIR forms in 2007 and he is now advising on the 2014 rebuild of the system.”

Pizzanelli started his career in the hologram industry in the early 1980s, as a holographer at Hollusions, a small British company making silver halide holograms. He then joined Jonathan Ross and Nigel Abraham at See 3 Holograms, where they developed a method to make embossed holograms.

He left See 3 to study the postgraduate holography course at the Royal College of Art, graduating in 1994 after doing most of the course part-time, after he joined Light Impressions in 1990 as sales and marketing manager.

For Light Impressions he built an impressive portfolio of orders, including several Chinese tobacco packs, Vietnamese banknotes and numerous well-known brands.

The Holography Awards recognize outstanding industry achievement and are presented annually to organizations who have introduced the most innovative or commercially viable hologram product or technique over the past year.

 

Icon Vapor completes Green Tree acquisition

| December 5, 2014

Icon Vapor of San Diego, California, USA, has completed its acquisition of e-cigarette distributor Green Tree Syndicate, reports Globe Newswire.

Icon Vapor President Dan Balsiger said the company expects sales to rise significantly in the current fiscal quarter given Green Tree’s convenience-store presence through its relationship with Core-Mark Holding Co.

Icon Vapor also announced that its newly acquired company Green Tree Syndicate’s Canadian businesses booked nearly $1 million in new orders for the first quarter of 2015. Green Tree is expected to continue to expand Icon Vapor’s market share in Canada in 2015, Balsiger said.

Reynolds announces new CFO

| December 5, 2014

Reynolds American Executive Vice President Andrew D. Gilchrist will become executive vice president and chief financial officer effective March 1, 2015.

Gilchrist’s upcoming promotion was approved by the RAI board of directors at its meeting on Dec. 4.

Thomas R. Adams, the company’s current executive vice president and CFO, will begin transitioning the CFO role to Gilchrist in January, ensuring a smooth transition for Gilchrist as he steps into the role in March. Thereafter, Adams plans to retire from RAI.

Adams, 64, has served as RAI’s CFO since 2008, and also serves as chief information officer of RAI Services Co. Gilchrist will assume that responsibility as well in March.

Gilchrist, 42, served as president and chief commercial officer of R.J. Reynolds Tobacco Co. from January 2011 until October 2014. Prior to that, Gilchrist served as executive vice president and CFO of R.J. Reynolds and chief information officer of RAI Services Co. He joined Brown & Williamson Tobacco Corp. in 1997, and held a number of management positions at both Brown & Williamson and British American Tobacco before joining Reynolds American and its operating companies as part of the business combination in 2004.

Adams joined R.J. Reynolds Tobacco Holdings in 1999 as senior vice president and controller. He held a number of executive positions at RAI and its subsidiaries before becoming CFO in 2008. Before joining Reynolds, Adams was a partner at the accounting firm Deloitte & Touche.

“Andrew is well-prepared to assume the role of CFO for our company,” said Susan M. Cameron, RAI’s president and chief executive officer. “He has both a strong financial and commercial background, and will be uniquely able to transition smoothly into Tom’s current role.

Major new nicotine production facility announced

| December 4, 2014

Two entrepreneurs who launched one of the UK’s first electronic cigarette brands have partnered with a global supplier of pharmaceutical nicotine to build at Liverpool, the UK, Europe’s largest outsourced manufacturing facility for nicotine products, according to a press note issued by Citypress.

David Newns and Chris Lord, who sold their electronic cigarette business C N creative – owner of the Intellicig brand – to British American Tobacco in 2012, have joined forces with Germany-based Contraf-Nicotex-Tobacco GmbH (CNT) to form Nerudia Limited. The business, which is investing £11m into the new facility, will focus on the development, production, testing and regulatory compliance of nicotine products specifically for the electronic cigarette market, supplying brand owners rather than consumers.

The new venture will occupy an 80,000 sq ft facility that was previously purpose built by a pharmaceutical company for the manufacture of inhaled medicines.

The business, which will be fully operational by January, is currently recruiting 30 people and expects to create up to 150 jobs in its first three years of operation.

It has secured its first major manufacturing contract and is said to be in advanced discussions with several other e-cigarette brand suppliers.

Demand for electronic cigarettes, also known as vaporisers, has grown rapidly since their launch just over a decade ago. The global market is now estimated to be worth £1.8 billion, and is growing at 70 percent per year.

“A new EU directive will come into force in 2016 creating a new and welcome regulated environment for e-cigarettes,” said David Newns, CEO of Nerudia. “Many of the requirements of the new regulation surround the ‘quality’ of e-cigarettes and their contents. The knowledge that we have gained over the past six years of working with the UK and other regulators enables us to offer a unique service to help companies through the process of new regulation.

“Our new facility will offer the expanding market a fully-outsourced, best-in-class nicotine product manufacturing service providing e-liquids and capsule filling, thus enabling e-cigarette companies to focus on their sales and marketing in this rapidly growing sector.”

Newns described the growth of the vaporiser market as having been a “modern phenomenon”; but he said that this growth had come with an increasing focus on key areas of product innovation quality and reliability. “This is a fast-moving landscape and few brands can build the capabilities in-house to keep pace,” he said. “Nerudia has been created to offer the market the very latest product innovation, manufacturing technology, testing facilities and compliance procedures, enabling brands to concentrate on what they do best.”

Meanwhile, Torsten Siemann, the managing director of CNT described Nerudia as an exciting opportunity for CNT that would allow it to expand its integrated supply chain further. “In addition to the supply of ultrapure nicotine made in Switzerland, we will be able to support our customers throughout Europe in their quest to comply with the impending EU regulations that will be in force from 2016,” he said. “With Nerudia we will be in the position to offer our tobacco as well as our pharmaceutical customers access to world class innovation and manufacturing expertise in this new and fast moving category.”

CNT is the world’s largest supplier of pharmaceutical grade nicotine and is a global operating company involved in growing, sourcing, developing, processing, extracting and producing a range of agriculturally originated products. Headquartered in Heilbronn, Germany, it has operations in India, South America and Africa. It supplies some of the world’s largest tobacco and pharmaceutical manufacturers with raw materials and processed products.

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